Myanmar Food Delivery Startup Food2U Nabs Six-Digit Funding, Set to Expand Operations

Food2U, a Yangon-based startup, told DealStreetAsia it has raised a six-digit funding round with the intention of using the money to facilitate expansion plans. Nay Min Thu, the Founder of iMyanmarHouse.com and an investor in Food2U, told DealStreetAsia that the investors are people from the real estate industry. The company use the financing to grow within Myanmar — both to forge […]

Flymya.com acquires UK technology for $600,000

As Tour Operator in Myanmar are eyeing to partner with foreign firms to serve their clients better, Flymya.com, the nation’s leading hotels and tours services website, has acquired Switch.cm, a London-based start-up specialising in building reservations platforms for the hotel and airline industry, for US$ 600,000. Mike Than Tun Win, chief executive officer of Flymya.com, […]

Flyma launch travel portal for small tour operators

Flymya, has expanded access of its services to include small-scale tour operators. The move aims to help smaller tour companies compete against larger agencies as Myanmar’s tourism industry continues to mature. Through Flymya’s new service, small tour companies and independent business owners can upload tour itineraries, packages and services to the Flymya site for 0 […]

This founder bet on Myanmar’s tourism. Now it’s exploding and he’s reaping the rewards

Myanmar is a tourism hot spot. This once isolated country is seeing a surge in tourist arrivals, with its Ministry of Hotels and Tourism expecting 4.5 million foreign visitors this year, 46 percent higher than last year’s 3.08 million. Add to that some 2.4 million Burmese who fly domestically at least once every year. Yet […]